Lobb is an e-commerce platform for the trucking industry. It helps truckers and transporters to do business transactions in a more transparent, efficient and profitable manner ensuring a much better experience for all parties concerned OR for all stakeholders.

Wednesday, 26 October 2016

Logistic Industry in India

The Logistics industry is currently a brick and mortar industry, with
multiple truck operators, logistics companies, end customers and brokers
operating in a highly unorganized fashion and has not changed from many years.
The industry comprises of a large number of big and small players. The average
truck owner possesses 3-4 trucks and operates on specific routes.
Intermediaries play a significant role in identifying Truck Operators (TOs) and
liaising between them and transportation companies to source the trucks to end
customers.

TruckCentral solutions/LOBB is floated by Techno functional experts in
transportation domain. The aim of the company is to bring the Truck owners and
Logistic Companies together through an e-commerce platform and organize the
industry. The co-founder mentioned various complexities in transportation
domain in dealing with all the stake holders (namely the trucker, transporter,
end customer and broker). The founders’ domain knowledge on transportation is a
huge strength of the company. They understand the real issues on the ground and
developed the LOBB technology platform which can be easily accessed on the web
and smartphones to manage the business. The huge wave of social networking
platform like facebook and whatsapp is changing Indian consumers’ way of doing
business. For example, bus and flight bookings can be done online with instant
confirmation. The transportation industry is little slow in the process, LOBB
is gearing up to tap huge market of $220 billion dollars with 85 Laks trucks on
Indian roads.

One of the founders, Mr.Jayaram Raju, mentioned, as per market survey,
almost 50% of truckers and drivers are using smart phones, and the technology
adoption rate is growing at the rate of 50% month on month. Lobb is positioned
to take advantage of this technology wave to transform and disrupt the
traditional process. Initially LOBB has entered into long haul transportation,
namely intercity, and has opened office in 7 cities since last December 2015
which covers a significant portion of Indian GDP.

Once a trucker signs up with LOBB with proper documents, the team would fit
a device in their truck and instantly the truck is online and ready for
business for sourcing. The LOBB booking engine would help transporter to source
the right truck for the requirement. Once deal is closed on sourcing, the truck
is live and available to track and trace to all the parties involved
(transporter, trucker and end customer). This is the major advantage LOBB is
providing apart from business intelligence reports for decision making to improve
the process in a systematic and scientific way. We have over 5 MILLION
footprints for necessary business analysis.

"let's lobb together" and disrupt the
trucking industry that has not seen changes for decades.